The following is an edited transcript of a webcast held April 20 in New York.
Revelations about the firms' shadier practices incensed both politicians and the public. Don't count on any indictments being handed out, however
Waddell & Reed Financial Inc., the mutual-fund manager started in 1937, said it didn't intend to disrupt markets on May 6 when the plunge in stocks temporarily erased more than $1 trillion of value.
Former Credit Suisse Group AG broker Eric Butler will remain free while a judge reviews a decision that ordered him to prison during the appeal of his conviction for fraudulently selling securities that cost investors more than $1.1 billion in losses.
Many financial planners are in the dark about ways to help clients boost their monthly government checks. That needs to change, says one expert.
The following is an investment strategy column by Jeffrey D. Saut, managing director at Raymond James & Associates Inc.
Putnam Investments is planning to launch a mutual fund with a guarantee in the first quarter of next year.
In early November 2007, two investors met in the waiting room of their financial adviser's office. By chance, both Robert, 62, and Sandra, 78, had appointments to discuss their retirement financial plans.
The software billionaire's father is spearheading an initiative to impose a state tax on Washington's wealthy
Investors should plan now for when and how financial decisions should be made if they become impaired, says investment strategist and professor Andrew Lo.
There's a rollercoaster on Wall Street right now. And it's making retail investors and financial advisers downright queasy. But to one money manager, short-term stock market volatility represents pure opportunity.
The Committee for the Fiduciary Standard takes a different tack in its bid to eliminate the broker-dealer exclusion
The prospect of tough new regulations in Europe has hedge funds hopping on the 'Ucits' bandwagon. But questions about liquidity, custody dog these collective-investment vehicles
17 of Fortune 100 companies provide death benefits for heirs of top execs. Omnicom stockowners are just the latest to vote down a 'pay-for-no-pulse' proposal
Dr. Doom says bond traders may start unloading government paper -- and, in turn, drive the price of borrowing up
With the dollar losing the 'negative beauty show' to the euro, the Nobel laureate doesn't see the job picture improving until the middle of the decade
Note to independent advisers: It's time to measure yourselves against a bigger stick.
Financial services company with troubled past changes corporate name; 'new beginning'
On Tuesday, Sen. Susan Collins pressed Goldman Sachs on their commitment to their clients. Now, she's planning on filing an amendment to financial reform legislation that would likely extend the fiduciary standard to B-Ds.
